February 22, 2023

Only rare earths miner in US to bypass China in supply deal with Sumitomo

MP Materials, owner of the Mountain Pass mine in California, will sell output from its separation unit directly to Sumitomo Corp. for distribution in Japan.

February 22, 2023

Rio Tinto halves dividend on 41% annual profit drop

Rio's bottom line was hit by weaker iron ore prices as demand from China slowed, as well as higher labour and material costs.

February 21, 2023

Rio Tinto partners with BMW for low-carbon aluminum supply

Aluminum will come from Rio Tinto's hydro-powered operations in Canada to BMW’s production plant in Spartanburg, South Carolina.

February 21, 2023

Teck Resources to become Teck Metals as it spins off coal unit

Teck's multibillion-dollar steelmaking coal unit will be an independent publicly-listed firm called Elk Valley Resources Ltd.

February 19, 2023

Rambler pauses copper-gold mine in Newfoundland amid financial restructuring talks

Earlier this month, the company also defaulted on its gold purchase and sale agreement with Elemental Altus Royalties.

February 16, 2023

Glencore to sell 23% stake in Peruvian miner Volcan

The sale of the silver-zinc producer, which has five operating mines, is part of Glencore's efforts to further simplify the business.

February 15, 2023

GRI presents sustainability reporting standard for mining companies

A draft Standard is open for public comment until April 30, and webinars will take place on February 23 and March 2.

February 15, 2023

Chile issues fresh measures against Lundin Mining for giant sinkhole

The country's environmental regulator SMA issued four transitory measures, which the miner must fulfill in 10 and 20 days.

February 14, 2023

Bluejay Mining pulls demerger plan, aims to raise $6 million

It said the spinoff of its battery and critical metals exploration unit, Disko Exploration, is no longer considered the right strategy.

February 14, 2023

Researchers find subterranean pharmacy in limestone caves

A study on moonmilk led to the discovery of a compound active against superbugs.